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theguardian.com
Every new UK home should have air conditioning, say Liberal Democrats
Exclusive: Party says housing stock ‘woefully unprepared’ for extreme heat and new rules for builders must be setAll new UK homes should be built with air conditioning to cope with the effects of the climate crisis, according to the Liberal Democrats.The party says British homes are dangerously unsuited to rising temperatures, meaning passive cooling measures such as planting more trees in residential areas are necessary. Continue reading...
bbc.co.uk
Gatwick Airport left without running water after major outage
SES Water says supplies are starting to return for impacted customers, including Gatwick Airport.
cnbc.com
Ukraine strikes Iranian vessels in Caspian Sea, Tehran accuses Kyiv of 'hostile and criminal act'
The latest attacks by Ukraine, combined with Saudi military strikes on Iran-backed Houthi targets in Yemen, represent a widening of the Middle East conflict.
theguardian.com
Gary Stevenson to quit YouTube channel, citing health concerns
Former City trader’s weekly Gary’s Economics videos took off during the Covid pandemicThe City trader turned wealth tax campaigner Gary Stevenson has announced he is quitting the YouTube channel that made his name, citing health concerns.His announcement, in a 48-minute address to camera, came after a mixed reaction to a televised documentary that brought him to a wider audience but drew some scepticism from left-leaning tax experts as well as more rightwing critics. Continue reading...
theguardian.com
Ed Miliband indicates development and climate will be at heart of UK foreign policy
Exclusive: Foreign secretary to take up World Bank seat and play active role in shaping changes to global lender Britain’s foreign secretary, Ed Miliband, is to indicate he will put the climate crisis and overseas development at the heart of UK international relations by taking up the country’s seat on the board at the World Bank.The position, which is usually delegated to a junior minister, means Miliband will play an active role in shaping the changes to the World Bank that developing countries have called for, and ensuring the climate remains a core focus for overseas aid. Continue reading...
theguardian.com
Water supply failure leaves Gatwick airport without working toilets
Airport’s bars and restaurants also unable to serve drinks to passengers because of lack of running waterA water supply failure at Gatwick left passengers without access to working toilets or bars and restaurants.Passengers posted online that they were unable to get hot drinks, wash their hands or fill up water bottles at the airport in Sussex. Continue reading...
theguardian.com
Blame privatised water firms for hosepipe bans | Lettters
Gillian Metheringham, Dr Gillian Austen and others respond to articles about water shortages in the UK and the high and rising pay of water industry bossesI was dismayed, when reading your article about hosepipe bans leading to culture wars (‘People are scared their neighbours will call the police on them’: how the hosepipe ban got caught up in the culture wars, 23 July), by the part that said: “Why has the ban been put in place, anyway? The answer, as with so many things, is the climate crisis.”No, it’s not. The climate crisis is only part of the answer, and probably the smaller part. The privatised water companies have, over many years, privileged the lining of their own pockets over proper maintenance and improvement of the water systems, a fact which has been revealed again and again in your own pages. Continue reading...
theguardian.com
New Jersey governor signs law banning surveillance pricing to protect shoppers
New law prohibits retailers from using personal data to charge different prices for identical productsNew Jersey governor Mikie Sherrill recently signed a new law prohibiting businesses from using shoppers’ personal information to charge different prices for identical products, making her state the third in the US to ban the practice.The Fair Price Protection Act passed by New Jersey’s legislature seeks to protect consumers from surveillance pricing, in which retailers can use data including online activity, location and purchasing history to arbitrarily change prices for individual shoppers. Continue reading...
theguardian.com
V&A workers hold ballot to strike over pay and heatwave conditions
Union calls for museum to become accredited London living wage employer and let staff carry water during shiftsWorkers at one of the world’s leading art and design museums are balloting for “heatwave” strike action.The ballot at V&A is taking place because of concerns about soaring temperatures and access to drinking water, along with pay and conditions. Continue reading...
cnbc.com
For Gen X investors, dotcom bubble haunts stock market portfolios closing in on retirement
Many Americans in the 50-55 age range have 10 to 15 work years left, extending 401(k), IRA growth investing, but they can't afford an ill-timed market crash.
cnbc.com
Inside the S&P 500 AI boom, industrials are getting as rich as tech stocks
The industrials sector of the stock market is benefitting from the AI infrastructure boom with its P/E ratio up close to tech levels and investor flows strong.
theguardian.com
Will prediction market ‘catch fire’ in UK, replicating US boom?
World Cup and events like Clacton byelection is driving interest in sites such as Polymarket, with UK gamblers easily able to sidestep regulationWith more plot twists than a spy thriller, Argentina’s 3-2 victory over Egypt was one of the World Cup’s most unpredictable matches.But in one living room in Reading, to the astonishment of his 16-year-old son, a football clairvoyant appeared to know exactly what would happen next. Continue reading...
cnbc.com
New UK Prime Minister Burnham says he would be prepared to call out Trump
Burnham said he had a phone conversation with Trump on Monday when he officially took on the role, describing it as "a good exchange".
theguardian.com
Corporate America may be using AI to cut jobs, but small businesses are using it to keep them
Reports of wide-scale replacement of workers by AI are overblown. Small businesses use it to help workersI recently met the owner of a company that sells windows and doors. He told me he invested about $10,000 in an AI application that is used by his salespeople in his showroom. The application listens to the conversations between the salesperson and the prospective customer and then automatically creates a quote for the salesperson to review and send.“It allows my salespeople to talk to more customers and spend less time doing paperwork,” he said. “And it cuts down on errors.” Continue reading...
theguardian.com
‘Burnham bounce’ risks deflating unless focus remains on struggling households | Richard Partington
UK’s inequalities expose splits in consumer economy, with spending suffering and a decline in savings among the poorestA “Burnham bounce”, sunshine and a strong World Cup run for the England men’s football team. Could this be a turnaround moment for Britain’s struggling consumer economy or yet another false start for the UK’s spluttering growth engine?Last week the data company GfK credited Andy Burnham’s return to Westminster politics for lifting UK consumer confidence at its fastest monthly pace for almost three years in June. Continue reading...
theguardian.com
From the strait of Hormuz to the North Sea, a global maritime war rages around us – and more than the price of oil is at stake | Simon Tisdall
The collapse of the rules-based order is not confined to the land: we’re imperilled as centuries of maritime cooperation sink beneath the wavesThe US military campaign to protect merchant shipping from Iranian attacks by asserting direct maritime control in the strait of Hormuz is not an idea unique to Donald Trump’s administration. Almost exactly 200 years ago, in the period 1825-27, a powerful US naval squadron led by Commodore John Rodgers was sent to the Mediterranean to defend American ships from the depredations of Greek corsairs and pirates.For all the new-minted republic’s brave talk of liberty, the US squadron did not assist Greece’s ongoing “regime change” struggle for independence from the Ottoman empire. Its sole, self-serving purpose was to defend US trade, markets and business interests. After abandoning his call for a people’s revolution in Tehran, this, too, is what Trump’s reckless war with Iran has now boiled down to.Simon Tisdall is a Guardian foreign affairs commentator Continue reading...
bbc.co.uk
Last chance to apply for help with school costs
The bonus scheme offers a one-off payment of up to £150 towards school essentials.
theguardian.com
Electrolyte lemonade to probiotic pop: do the new generation of ‘functional drinks’ live up to the hype?
They make grand claims about beauty benefits or extra energy – and even actor Gillian Anderson has her own brand. We investigate what they’re really doing – and put them to a taste testShow yourself some love. Fuel your focus. Life’s too good for bad energy. Find your calm in the everyday chaos. Live fit. No, not new-age slogans or something you’d find scribbled in neon on the wall of a cocktail bar, but marketing taglines slapped across cans of functional soft drinks. Walk into any supermarket or newsagent and there they are, bright and cheerful, right next to the Tango, promising everything from improved mental clarity and zen-like calm, to a blast of highly caffeinated energy as part of your sandwich-and-a-snack lunchtime meal deal. Influencers love them. Your favourite podcasters are sponsored by them. Even Gillian Anderson has a functional drinks brand (brilliantly, she’s called it G Spot).If you have not yet swigged an electrolyte-loaded lemonade or opened a can of probiotic fizzy pop, you might be wondering what functional drinks even are. Because they are marketed as having one or more of many possible physiological and cognitive benefits, it’s a big category. There are functional drinks for focus, productivity, relaxation, calm, protein, energy, gut health and perhaps most confusingly, for hydration – which is, after all, the core function of most potable liquids. Continue reading...
theguardian.com
‘We count every litre’: how Cuba’s energy crisis sparked a daily struggle for water
Power cuts not only leave people in the dark but leave taps dry, forcing millions of Cubans to spend their days fetching water any way they canIn the cramped kitchen of her flat in Havana’s Chinatown, Mirella Martínez pushes an old metal trolley stacked with empty jerrycans. Wiping the sweat from her forehead, she fans herself gently. “It’s so hot!” she says, as the electric fans remain still due to another power outage that has left her flat sweltering in near darkness for hours.Mirella Martínez’s flat in Havana has been without running water for nearly three years Continue reading...
theguardian.com
‘Weekday games were amazing’: pubs toast extra £150m in World Cup sales
England’s progress provides best football-related uplift of recent years, with one pub too packed to host its Dolly Parton tributeLate opening hours and England’s progress to the semi-final of an expanded World Cup helped provide the best football-related uplift of recent years for pubs, figures suggest.Pubs poured 30m extra pints over the course of the tournament compared with a normal trading period, with busy pumps delivering £150m in added sales, according to the British Beer & Pubs Association (BBPA). Continue reading...
theguardian.com
Am I a chicken-shop lefty? Here's what a French fast food row taught me about politics | Coco Khan
Feathers are flying over the halal chicken chain Master Poulet opening a branch in gentrified Saint-Ouen-sur-Seine – it’s an issue of wealth and class we know only too wellHow do you like your progressive politics? Are you net-zero left or anti-identity politics left? A “legalising drugs” kind of radical or someone whose public sector solidarity includes police? Nato or Nat-no? The reputation for infighting in lefty spaces – where policy disagreements harden into personal tests of morality – needs neither introduction nor encouragement.But reading about the left-on-left battle at Master Poulet, a French chicken chain that just opened its first UK branch, I found myself mulling a question that felt more than a little personal: am I chicken shop left?Coco Khan is a freelance writer and co-host of the politics podcast Pod Save the UKDo you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
theguardian.com
Family of former Vodafone manager found drowned call for ‘Adrian’s law’ to protect franchisees
Adrian Howe’s family believe that fears his deal would be financially ruinous led him to kill himselfThe family of a former mobile phone store manager who was found drowned days before his new Vodafone franchise was to open its doors is pressing the government to introduce a new franchising law in his name.The call comes a week after Vodafone settled a long-running legal claim filed by 62 of its former franchisees who alleged that the company “unjustly enriched” itself at their expense by up to £85m. Continue reading...
theguardian.com
‘I never thought I’d fall for a scam’: the fake Spotify emails that put you at risk of fraud
Criminals send victims to a cloned site that collects login, personal and payment detailsYou have had a Spotify account for years and your credit card is linked for the monthly payments. When an email arrives telling you that your payment couldn’t be processed you are not surprised as the expiry date on the card is soon.“We encountered an issue while processing your recent payment,” it says. “To keep your access active and avoid interruption, please review and update your information.” Continue reading...
cnbc.com
Cocoa prices are easing. So why is chocolate still so expensive?
Chocolate firms look to win shoppers back with premium products and social media trends after poor weather conditions, tariffs, and the Iran war hit sales.
bbc.co.uk
Primark's new 'supermarket tactic' to woo customers in online price war
Competition from ultra-cheap Chinese retailers and the cost of living crisis could be putting some people off shopping at the store, analysts say.
theguardian.com
Always remember how Macquarie built its millionaires on outrageous tolls and charges | John Quiggin
As Shemara Wikramanayake retires with shares worth hundreds of millions, the public is left counting the cost of high prices for utilities, roads and airportsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe recent retirement of the Macquarie Group CEO, Shemara Wikramanayake, marks the culmination of a highly successful career. She is leaving the company with shares worth hundreds of millions of dollars after nearly 40 years at the Sydney-based institution. Under her leadership, the “millionaires’ factory” has increased its annual revenue by about 80% and nearly doubled its profit.Wikramanayake has also overseen and consolidated the group’s transition from a firm specialising in privatised infrastructure to a global merchant bank earning profits from commodity trading, specialist asset finance and wealth management.Its demise is also the consequence of the relentless application of a neo-liberal political philosophy that for years has elevated financial engineering above real engineering; off-balance-sheet finance above paying for things openly; and lauded the private sector above the public sector. Continue reading...
bbc.co.uk
Rental searches for pet friendly properties drop after law change
Agents say some renters wrongly believe permission to have a pet is guaranteed.
theguardian.com
Police investigate payments to Reform UK first revealed by The Guardian
Scotland Yard is looking at two £250,000 donations to the party by Britain Means Business before the 2024 electionPayments to Reform UK first revealed by the Guardian are now being investigated by the Metropolitan police.The inquiry is scrutinising payments made to the party via a company controlled by its deputy leader, Richard Tice. Continue reading...
cnbc.com
Imax 70 mm screenings become the biggest star for Christopher Nolan’s ‘The Odyssey’
Moviegoers are traveling, lining up and paying premiums to see Christopher Nolan’s ‘The Odyssey’ in scarce Imax 70 mm screenings.
cnbc.com
Russian attack cuts power to around 150,000 in Ukraine’s north as Kyiv hits missile, oil facilities
The update comes as Ukrainian President Volodymyr Zelenskyy welcomed strikes on a key missile components facility in the Russian city of Kirov.
theguardian.com
New North Sea oil drilling faces delay after gear accidentally dropped in sea
Exclusive: Blunder at Rosebank, UK’s biggest undeveloped oilfield, comes as government considers granting licenceProduction at Britain’s biggest undeveloped oil and gasfield could be delayed for months after equipment from a rig was accidentally dropped in the North Sea, the Guardian can reveal.Andy Burnham’s new government is under pressure from the fossil fuel industry to allow oil to be retrieved from the Rosebank site despite opposition from climate campaigners and some Labour MPs. Continue reading...
bbc.co.uk
Money Box
What might the new team at the top of government mean for your money?
theguardian.com
Professional classes stand in way of tax on the super-rich | Phillip Inman
If the prime minister wants to make the system fairer he will need to upset the professional classes with a land value taxThe professional classes act like a Praetorian Guard for the super-rich.Having acquired some of the trappings of being rich, they defend the privileges of wealth – land, property and pensions. They do this as if they – company managers, lawyers, doctors, judges, senior civil servants, architects and chartered this and thats – were the main beneficiaries. Continue reading...
cnbc.com
Trump sued hours after new tariffs take effect, as experts say they may not hold up
President Donald Trump has renewed a flurry of tariffs, including slapping 25% duties on Brazilian imports and vowing 50% tariffs on goods from Canada.
cnbc.com
From Silicon Valley to DC, the tech world is suddenly obsessed with one concept in AI: Distillation
Distillation has long been a topic for AI wonks, but it's become a hot-button issue of late as techies and lawmakers debate how it should be regulated.
theguardian.com
‘Really inappropriate’: teachers decry plan for humanoid robot in New York high school
Robot from company that acquired sex doll maker to be introduced in school with large Native American populationA humanoid robot is being introduced as part of a pilot program, along with an AI teaching assistant, at Salamanca high school in Salamanca, New York, located on the Allegany territory of the Seneca nation.Teachers have criticized the program, deeming it “inappropriate” and claiming it dehumanizes the profession with the introduction of human-like robots. Some local Native American residents have also criticized the pilot program, citing its implementation as “culturally tone deaf”. Continue reading...
theguardian.com
Can Japan avoid a Liz Truss-style shock as its PM embarks on a giant spending spree?
Sanae Takaichi’s blueprint to inject £1.7tn and double economic growth leaves many investors fearfulInternational investors are asking where Japan’s prime minister will find the ¥370tn (£1.7tn) of extra cash that she wants to invest in 17 industrial sectors by 2040.Such is the scale of spending by Sanae Takaichi’s coalition government that many in her own party fear she is about to blow up the Japanese economy, triggering a Liz Truss-style economic shock. Continue reading...
cnbc.com
Analysis: A powerful new coalition of AI skeptics is coalescing right in Trump's blind spot
Evangelicals, labor unions and anti-AI-data-center activists are part of a groundswell worrying about how fast technology is changing.
theguardian.com
‘I’m over the moon’: New York’s small business owners rejoice as Mamdani cuts red tape
Initiatives including cutting permits just to serve ice-cream amount to a sweeping program of deregulationRed Scare? The democratic socialist mayor of New York City spent this week talking about red tape.On Tuesday, Zohran Mamdani – the politician at the center of a revived rightwing panic about socialists and purported communists winning elections across America - posted a video on X of himself putting a sheet of paper with the phrase “RED TAPE” into a paper shredder. Other pieces of paper, with phrases like “cumbersome fees and fines” and “a permit you need just to serve ice-cream”, were shredded too. The video, set to Wu Tang Clan’s If Time Is Money, shows Mamdani joining a handful of city officials and small business owners throwing the resulting paper shreds into the air like confetti. Continue reading...
theguardian.com
Summer holiday car hire: drive a great deal and avoid hidden fees
Unclear terms and expensive extras can turn what seemed like a cheap rental into a costly oneIt is not too late to get a good deal on your holiday car rental, even if you have booked already and are travelling soon. But there are many pitfalls to avoid so that you do not end up paying over the odds.A survey from Which? found that one in eight people who had hired a car in the past two years had ended up paying more than they were first quoted. Continue reading...
bbc.co.uk
Warning shot or publicity stunt - how worried should we be about the OpenAI hack?
Hugging Face said the hack was done at superhuman speed by an AI with little or no human guidance.
cnbc.com
Nvidia locks down memory supply from SK Hynix as part of $500 billion AI deal
Nvidia is aggressively securing supply of high-bandwidth memory, an essential component for its GPUs and systems.
bbc.co.uk
What does the South make of the King of the North?
BBC South has been hearing from people about new PM Andy Burnham's first week in the top job.
bbc.co.uk
'We feel the pressure juggling holiday logistics'
Parents say childcare costs, unpaid leave and SEND support gaps make summer holidays harder
cnbc.com
Finland’s radical answer to renewable energy’s biggest headache: The world’s largest sand battery
A small Finnish town has turned to the world's largest commercial sand battery to tackle a major hurdle in the energy transition: intermittency.
theguardian.com
I grew up near Andy Burnham. This is what shaped the UK’s new PM
In the Warrington suburb of Culcheth, people are hopeful about what one of their own can achieve as the first northern PM in half a centuryThe Cherry Tree pub is an unassuming local. On a busy road in the Cheshire village of Culcheth, it is a chain-run pub where four shots cost £8, every burger comes with a soft drink, and sport is shown all day on the big screens. It is also a favourite of Andy Burnham, the new prime minister.Many of the drinkers have a story about – arguably – Culcheth’s most famous son. Continue reading...
theguardian.com
UK savings deals: the heat is on as banks offer up to 8%
Don’t delay in taking advantage of the competition that is pushing up interest rates and increasing choice, experts sayIt is shaping up to be a decent summer for savers as fierce competition among providers pushes up interest rates and increases choice.You can currently get instant- and easy-access accounts that pay up to 5% interest, and fixed-rate savings bonds that pay almost that much. Meanwhile, those looking for a regular savings account can now get up to 8%. Continue reading...
cnbc.com
SpaceX launches massive Starship rocket in first test flight since IPO
Elon Musk's rocket maker is conducting the first test fight for its massive Starship rocket since the company's IPO last month.
bbc.co.uk
Students tell us how to keep graduation outfit costs down
Four newly graduated students tell us how they kept the cost of their dresses and suits down.
bbc.co.uk
Long overdue, life-changing or frivolous? Your thoughts on wedding rule changes
The government wants to relax wedding laws so couples can get married almost anywhere.
bbc.co.uk
ADHD has rewired the workplace. This is what it means for bosses and workers
As ADHD diagnoses have risen, have workplaces caught up with the needs of the workforce?
cnbc.com
Moody's says 'unprecedented' AI spending threatens credit quality of Amazon, Meta, Alphabet and others
Moody's said AI spending is forcing even the world's most cash-rich corporations to lean heavily on debt, stock sales and off-balance-sheet moves.
cnbc.com
Musk's bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
Tesla shares plunged almost 18% this week after the company missed on earnings and turned cash flow negative.
bbc.co.uk
Paramount and Warner Bros pause $110bn merger amid legal challenge
Until a judge reaches a final verdict – or until 1 June 2027 – the Hollywood studios will remain completely separate, competing operations.
theguardian.com
Trump administration admits canceling clean energy grants to Democratic states
Court fillings show grants denied to states if they didn’t back Trump’s re-election, but administration claims it’s a ‘misrepresentation’US politics live – latest updatesThe Trump administration has admitted scrapping more than $7.5bn in federal grants for clean energy projects to states “based solely” on whether they backed Donald Trump in the 2024 election.US federal officials appeared to acknowledge in court documents last week that they had terminated the funding last October “based solely” on political criteria, targeting projects in states that were represented by Democrats and had voted for Kamala Harris. Continue reading...
theguardian.com
Trump threatens EU with ‘substantial’ tariffs over fines of US tech giants
After Google fined €890m by EU, US president said Brussels was ‘robbing’ American companies and taxpayersWhat to know about Trump’s new tariffs on more than 80 countriesDonald Trump has threatened the European Union with additional and “substantial” tariffs after Brussels imposed a series of steep fines on US tech giants.The US president accused Brussels of taking “direct aim” at several American companies including Apple, Meta Platforms, Amazon and Google, writing in a Truth Social post: “The United States of America is not a ‘PIGGYBANK’ for Europe, nor will we allow it to be!” Continue reading...
bbc.co.uk
Trump vows to investigate EU over fining of US tech companies
The US president says fines against Google, as well as Apple, Meta and Amazon, should be "entirely reversed."
cnbc.com
Trump threatens EU with 'substantial TARIFF' for 'ROBBING' U.S. tech giants
Trump on Truth Social railed against the European Union's new fine on Google and prior penalties against U.S. tech giants Apple, Meta and Amazon.
cnbc.com
Oil falls on report Pakistan is pushing for new U.S.-Iran talks with China's backing
Oil prices dropped by around 3% on Friday, but remained on track for a weekly jump of 10% as the U.S.-Iran war continued to escalate.
cnbc.com
Oil shipments are under attack on multiple fronts as fighting escalates in Red Sea, Hormuz and Black Sea
More than 60 commercial ships have been attacked in the Persian Gulf, Strait of Hormuz and Gulf of Oman since March 1.
theguardian.com
‘It’s not fair’: cafe owners frustrated over exclusion from business rates cut
Business owners in England say prioritising venues selling alcohol leaves vital community spaces behind Ferdinand Geus is proud of the positive, global impact his small speciality coffee business is having.“Around 3,000 small, family-owned farms in Yemen rely on us – we’ve persuaded many to stop growing khat, the drug, and start growing coffee instead,” said the business manager of Sheba Coffee, which supplies Yemeni coffee beans to independent cafes across the world, including the UK. Continue reading...
theguardian.com
‘Netflix has to evolve’: can the upstart survive the end of the binge-watch era?
Streaming pioneer that transformed TV faces slowing growth and battle for viewers’ attention from YouTubeWhen Netflix offered viewers the chance to binge on an entire season of House of Cards it revolutionised the TV industry and started on a path to becoming the world’s most popular streaming service.Almost 15 years on, however, the upstart’s strategy of pumping its service with an avalanche of content and an almost-as-rapid penchant for mercilessly cancelling shows has viewers reaching for the remote. Continue reading...
cnbc.com
Pentagon lowers official Iran war death toll, omitting four killed this month
The Pentagon lowered its official Iran war death toll to 14 from 18, removing four service members killed this month.
theguardian.com
Andy Burnham opens No 10 North in Manchester – video
The prime minister opened a new government base in Manchester, called No 10 North, intended to signal a shift away from what he said had been decades of economic decision-making centred in London. Heron House is temporarily accommodating No 10 North while a brownfield site just outside the city is being developed where it is expected to relocate permanentlyUK politics live – latest updates Continue reading...
cnbc.com
Intel rides AI boom to fastest revenue growth in almost 15 years, but shares sink
Intel's revenue jumped 25%, the most robust growth for any period since the third quarter of 2011.
bbc.co.uk
Faisal Islam: The UK's Trump trade deal no longer looks world-beating
While the US tariffs imposed on the UK are effectively unchanged, other countries now have a better deal.
bbc.co.uk
We split money equally even when one of us earned a lot more
Hannah and Max continued to pool finances after Max was made redundant but took "drastic measures" to cut spending.
cnbc.com
How a Chinese AI model stopped OpenAI’s ‘unprecedented’ cyber attack
The origin of the model Hugging Face used to combat the rogue AI is turning heads.
bbc.co.uk
US hits dozens of countries with new wave of tariffs
Imposed citing forced labour concerns, the levies replace a temporary global duty brought in after the US Supreme Court struck down tariffs in February.
cnbc.com
Trump's new global tariff draws rebukes from trade partners over forced labor justification
U.S. trading partners have rejected the forced labor rationale behind Trump's new global tariffs, while most signaled plans to keep negotiating.
bbc.co.uk
Why are UK fuel prices rising again?
UK petrol and diesel prices are going up again as the price of oil returns to around $100 a barrel.
bbc.co.uk
Watch: Another day, more Trump tariffs - but are they working?
The BBC's Samira Hussain explains how President Trump's tariffs affect US economy, who pays the price, and whether they're working.
bbc.co.uk
UK mortgage rates rise to highest level for a month
Renewed tensions in the Middle East feed through to the costs faced by lenders, pushing up borrowing costs.
bbc.co.uk
Scotch whisky levy lifted as Trump imposes new wave of US tariffs
The Scottish government welcomed the lifting of the 10% levy, which the US President agreed after the state visit of King Charles.
theguardian.com
Trump gifts Saudi Arabia a nuclear win | Politics Weekly America
Donald Trump has announced a landmark nuclear deal with Saudi Arabia while pressing ahead with efforts to stop Tehran from developing a nuclear weapon. What’s driving Trump’s new agreement with Riyadh? And how is it likely to be received at home and across the Gulf?Jonathan Freedland speaks to Robert Jimison, who covers Congress for the New York Times with a focus on defence and foreign policy, about what the agreement contains, why it matters and the political challenges it could face Continue reading...
bbc.co.uk
Tech titan ordered to pay ex-wife $644m in divorce settlement
The divorce, involving the chairman of one of South Korea's biggest companies, has gripped the nation.
cnbc.com
Volkswagen CFO addresses plant closures, job losses as profits sink
German auto giant Volkswagen on Friday reported weaker-than-expected second-quarter profit and revised down its sales forecast for 2026.
cnbc.com
South Korea's president invokes dramatic Japan realty crash to push domestic property agenda
Lee was highlighting the country's excessive investment in real estate, and highlighted that Japan's housing market "burst like a balloon."
theguardian.com
One year, 17 towns, dozens of voices: what we heard along the coast of England and Wales
Reporting from some of the poorest seaside towns revealed how young people have been left isolated – but remain resilient and full of hopeIf you were asked to summon up images of the coastline of England and Wales, you might think of sunny days, buckets, spades and carefree holidays. But for many young people growing up by the sea, decades of evidence tell a very different story. For them, rather than a picture-perfect horizon full of hope, the sea has become a boundary that swallows up opportunity.With a 73% decline in funding for youth services in England over the past 12 years, and a lack of opportunities that has led to nearly 1 million 16- to 24-year-olds not in work, education or training (Neet), the situation for young people, especially in places of deprivation, has never seemed more desperate. Continue reading...
theguardian.com
‘A small snippet’: what pubs make of Burnham’s £100m rates giveaway
Landlords say high costs of running hospitality business outweigh potential savings of business rates discountOne of Andy Burnham’s first policy measures as prime minister is a 20% reduction in business rates for pubs, clubs and live music venues.The policy, announced on Thursday, is part of a broader agenda to support the high street and will cost £100m. Continue reading...
theguardian.com
Homes with grand designs for sale in England and Scotland – in pictures
From an intricate bronze-like townhouse in Manchester to a sculptural property in the Essex countryside Continue reading...
bbc.co.uk
How much money do you give for a wedding gift?
You've been invited by the happy couple, but they've asked for cash - not presents. North Londoners tell us what they would do.
cnbc.com
China's largest memory chipmaker sparks fears of a cash drain as it readies for public debut
CXMT is stoking fears that its blockbuster stock market debut could pull cash from China's equities.
bbc.co.uk
UK complacent about war threat, warns BAE boss
The threat of attack has never been higher, the boss of Europe's biggest defence contractor has warned. Dr Charles Woodburn
bbc.co.uk
Tourist tax introduced in Edinburgh: How much is it and who pays?
The Scottish capital has become the first city in the country to introduce a charge for overnight stays.
bbc.co.uk
Lawmakers push for AI 'kill switch' after OpenAI models go rogue
A new bill would let the US government order the shutdown of AI models that pose a public threat.
bbc.co.uk
Google and Tesla shares plunge as AI spending rattles markets
As major tech companies race to capitalize on a new wave of AI technology, investors wonder when financial benefits will appear.
bbc.co.uk
Business Daily
What tech earnings reveal about AI investment and Donald Trump's tariff talks
bbc.co.uk
Burnham says 20% business rates cut for English pubs 'a first step'
Some hospitality firms will get a discount from next April but hotels and restaurants won't get a cut.
cnbc.com
Russia’s Amazon-style retail giant Wildberries is now in Ukraine’s crosshairs. Here's why
Ukraine has ratcheted up its attacks on Russia's Amazon-style retail giant, Wildberries, signaling a new phase in the war.
theguardian.com
Gary Lineker calls for Burnham to introduce wealth tax - The Latest
Millionaires including former footballer Gary Lineker are asking Andy Burnham to tax their wealth more. More than 100 wealthy Brits have signed an open letter to the prime minister, saying: ‘We want you to tax us. We can afford it.’ So should the government introduce a wealth tax? And why is the idea getting more popular? Nosheen Iqbal speaks to columnist and senior economics commentator Aditya Chakrabortty Continue reading...
bbc.co.uk
Gary Lineker among millionaires asking Andy Burnham to tax them more
A group including the former England footballer write to the new PM telling him "we can afford it".
bbc.co.uk
Oil prices hit $100 for the first time since May
The price of Brent crude rose more than 6% on Thursday as the war in the Middle East continues to escalate.
bbc.co.uk
Pubs cheer business rates relief while other firms 'left out in the cold'
Pubs welcomed the support package, while other High Street firms asked why they were left out.
theguardian.com
UK households free to install plug-in balcony solar panels from end of August
Law change means renters and flat owners may be able to cut bills as energy costs soar amid Iran warBritish households will be able to buy plug-in solar panels later this summer after the government changed the law so the UK’s biggest retailers could bring them to market for the first time.People across the country will be able to join the millions across Europe generating their own electricity using “balcony solar panels” from 27 August, according to legislation passed last week. Continue reading...
cnbc.com
Trump says U.S. will hold Iran responsible for Houthi attacks after oil tankers targeted in Red Sea
Yemen's Houthis said they had targeted two Saudi oil tankers with drones and missiles for allegedly violating its maritime blockade.
bbc.co.uk
What about cuts for cafes and hotels?
The new PM has announced at 20% business rate cut for pubs, clubs and live music venues in England,
bbc.co.uk
What we know about 20% cut to some business rates
Pubs, clubs and live music venues in England will get a 20% cut in business rates from April.
cnbc.com
'Project Firepower': Inside Rheinmetall's gunpowder expansion as Europe races to replenish its ammunition
Scarcity of gunpowder is seen as a choke point for ramping up production of ammunition for militaries, and a barrier for Europe to ensure defense sovereignty
bbc.co.uk
Big bosses reveal the secret to getting hired
Business leaders share their best career advice and the qualities they look for when recruiting new staff.
cnbc.com
These Japanese AI winners don’t make chips. They make toilets, glass fiber and seasoning
A toilet maker, a glass fiber manufacturer and the maker of MSG have in Japan have become major beneficiaries of the AI boom.
theguardian.com
What does the BBC do for you? – podcast
Media critic Mark Lawson discusses with Nosheen Iqbal why even the BBC director general has lost faith in the current licence fee model, and explore what options the national broadcaster has to secure fundingOn Sunday night, the BBC rebooted an advert based on one it first aired 40 years ago. In the new version the presenter Romesh Ranganathan pretends he is a disgruntled licence fee payer, asking the question: “What has the BBC ever done for me?” Some of the national broadcaster’s biggest stars then make the case for its existence and ask for the public to keep funding it.The ad has aired not long after the BBC’s new director general, Matt Brittin, said the organisation was in “real jeopardy” due to a faster-than-predicted decline in licence fee payments. But what is the alternative to the old model? Continue reading...
cnbc.com
Sony’s 'ironic' PlayStation disc decision upends gamer conventions and threatens a $7 billion resale market
In 2013, Sony tweaked Xbox by showing how easy it was to share a PlayStation disc. Now, gamers say Sony has become exactly what it mocked.
theguardian.com
Our streets are full of oversized cars | Brief letters
Carspreading | An interregnum | Served by Thames Water | Manchesterism | Gransplaining | Cold in YorkshireRe “carspreading” (Opinion, 12 July), my wife and I live in a neighbourhood of houses built just before the second world war, and have watched in horror as models of our favoured cars have increased in size. Having chosen to keep our Mini Cooper and VW Polo – both of 2016 vintage – I believe we are the only people in the locality who store both cars in the garage overnight.John PyeSouthampton• A “period between reigns” (Quick crossword, 13 July) is an interregnum, not a regency as your solution has it. A regency occurs when a monarch is deemed incapable of carrying out his/her duties and they are taken over by a regent.Peter WrigleyBirstall, West Yorkshire Continue reading...
bbc.co.uk
The 20-somethings betting big on tech stocks
The BBC hears from people about the risks and rewards of investing in technology shares.
bbc.co.uk
This farmer wanted to quit the cocaine industry - he couldn't
Colombians who grow cocaine's raw material bemoan a lack of support to help them switch crops.
bbc.co.uk
Is tracking your food purchases good for your health?
Food tracking apps are popular, but are they a good way to make us eat a healthier diet?
bbc.co.uk
New era for Gibraltar with removal of 118-year-old border controls with Spain
It is hoped that free movement between the UK territory and Spain will provide an economic boost.
bbc.co.uk
Wealthy AI workers send San Francisco house prices soaring
The median cost of a home in the city is now $1.7m, a record high, according to the latest figures.
bbc.co.uk
Robots available for rent: But what can they do?
Robotics tech is changing fast, so for many it makes sense to rent a robot.
bbc.co.uk
AI is 'not smart' so what's next in artificial intelligence?
Leading AI researcher Yan LeCun has a start-up which is developing a more flexible AI system.
bbc.co.uk
Why is crucial tech vulnerable to the heat?
Energy grids and train services are among the vital services that are vulnerable to very hot weather.
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
bbc.co.uk
The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.
bbc.co.uk
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
bbc.co.uk
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
bbc.co.uk
The threat to summer holidays looming from jet fuel shortages
What impact might shortages have on our summer holidays - and what could be done about it?
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